After printing HH and HL on bullish trend on 1H Time Frame.
A significant bearish divergence is visible on the RSI indicating the beginning of a bearish trend.
AB=CD harmonic pattern has formed and D point might be possible Potential Reversal Zone.
Trading Plan is sell stop should be place at the HL and wait for the breakout of the HL.
Stop loss should be placed on the LH.
A significant bearish divergence is visible on the RSI indicating the beginning of a bearish trend.
AB=CD harmonic pattern has formed and D point might be possible Potential Reversal Zone.
Trading Plan is sell stop should be place at the HL and wait for the breakout of the HL.
Stop loss should be placed on the LH.